Fourth-Link Inc. (KOSDAQ:A056730) announced a private placement of 13th series unregistered unsecured private convertible bonds for gross proceeds of KRW 10,000,000,000 on January 12, 2017. The transaction will include participation from new investors TALAW LIMITED, Landstone AMC Co., Ltd., Gold Ocean Fund 3, Cert On Co., Ltd., KCN Partners Co., Ltd., Ally Company and Cho, Youngmoon. The company also announced private placement of 12th series unregistered and unsecured private convertible bonds for gross proceeds of KRW 2,000,000,000 on the same day. Both the series of bonds are convertible into common shares at a fixed conversion price of KRW 3,506 per share. The conversion ratio is 100%. The 13th series bonds will mature on March 3, 2020 and 12th series bonds will mature on January 12, 2020. The 13th series bonds will bear fixed coupon rate and yield to maturity of 4% per annum and 12th series bonds will bear fixed coupon rate and yield to maturity of 9% per annum.